1719 Encino AVE Active Save Request In-Person Tour Request Virtual Tour
Monrovia,CA 91016
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,712 sqft
Price per Sqft $612
MLS Listing ID CV24181257
Year Built 1963
Lot Size 0.408 Acres
Property Description
Step into a prime investment opportunity with this rare 6-plex multifamily property in the highly desirable Santa Anita tract of Monrovia, CA. Perfect for 1031 exchanges or first-time investors, this exceptional property at 1719 Encino Ave offers six well-maintained units, each with 2 bedrooms, 1 bathroom, and one individual garage per unit. The expansive 17,775 sq ft lot includes extra parking and larger yards for the two detached back units, providing one additional parking space for each of the two back units. Each unit has washer/dryer hookups, and a dishwasher and stove are provided. Recent upgrades include new dual-pane windows, a repaved driveway, newer wall A/C units in all units, upgraded service panels in all six units, and new wood fencing that enhances the property's curb appeal along with landscape lighting. Nestled on a quiet cul-de-sac near the Monrovia train station, the 210 freeway, parks, shopping, and dining, this property is situated in a rapidly growing market with rising property values, ensuring strong rental demand and excellent potential for capital appreciation. Don?t miss the chance to secure this rare, income-generating property in one of Monrovia?s most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORPD*
Rooms
Ensuite Laundry In Kitchen,Stacked
Interior
Laundry Location In Kitchen,Stacked
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Inclusions Dishwashers, stoves & Wall A/C units
Laundry In Kitchen,Stacked
Exterior
Garage Assigned
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs,Foothills,Hiking,Suburban
Utilities Available Cable Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Type Composition
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Trust